by Mike Duff | Jul 9, 2024 | Retail Articles
With inflation easing and the United States Federal Reserve pondering when to lower interest rates, the nation is in a “critical moment,” waiting to see what will happen next, National Retail Federation Chief Economist Jack Kleinhenz said as part of the NRF Monthly...
by Mike Duff | Jun 5, 2024 | Retail Articles
Shoppers are still willing to spend and inflation is slipping toward the point of comfort for the United States Federal Reserve, but the labor market remains tight and some uncertainty continues to hang over the U.S. economy, according to National Retail Federation...
by Mike Duff | May 7, 2024 | Featured News, Retail Articles
Economic growth in the United States slowed in the first quarter of 2024, but consumers are still spending more than they did last year, according to National Retail Federation Chief Economist Jack Kleinhenz. In NRF’s Monthly Economic Review, Kleinhenz noted gross...
by Mike Duff | Apr 17, 2024 | Featured News, Retail Articles
March retail sales, as reported by the United States Census Bureau, increased as tax refunds and job growth put more money in shoppers’ pockets, National Retail Federation chief economist Jack Kleinhenz concluded. “March’s Census Bureau numbers confirm that consumer...
by Mike Duff | Apr 3, 2024 | Retail Articles
Despite expectations for slower growth of gross domestic product and retail sales, the economy should continue to advance through the remainder of this year, National Retail Federation Chief Economist Jack Kleinhenz said as part of the April NRF Monthly Economic...
